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    market news

    Razor Energy Deploys Validere’s AI to Optimize Output

    Georgia Williams
    Nov. 16, 2018 06:41AM PST
    Oil and Gas Investing

    The technological partnership will enhance outputs and product value for Razor. 

    Canadian energy junior Razor Energy (TSXV:RZE) has partnered with tech company Validere to deploy Validere’s artificial intelligence system at Razor’s operations.

    The partnership will enhance outputs and product value for Razor.

    As quoted from the press release:

    Validere is pleased to announce a strategic partnership with Razor Energy. Validere’s AI and IoT platform will allow Razor to optimize product quality and improve the product value that Razor receives.

    Partnerships such as this are an important step in achieving Razor’s announced third quarter objectives to focus on efficiencies and take advantage of infrastructure and equipment investments.

    “We are excited to assist the Razor team in optimizing their operations and enhancing the value they receive for their products. It’s a volatile environment and we are proud to help our clients navigate it.” said Ian Burgess, Validere’s co-founder and CTO.

    Click here to read the full announcement

    market newsrazor energytsxv:rze
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